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Option Volatility | AI Stocks on the Radar as Palantir and Super Micro Face Earnings Verdict
Recession Fears Drag Australian Shares to More Than Two-Month Low
Australia's Services Sector Expands to Slowest Pace in Six Months in July as New Orders Decline
Deutsche Bank: Tencent is a "safe haven with a catalyst".
Morgan Stanley predicts that Tencent's gaming business is expected to achieve high growth in Q2 of this year and become a leading indicator for the company's future profits exceeding expectations. Morgan Stanley set a target price of HKD 450 for Tencent's Hong Kong stocks, which is 25.6% higher than the Friday closing price.
Australia Shares Tumble 2.1% for Worst Day Since March 2023
An RBA Rate Hike 'Pretty Much off the Table' Next Week, Schroders Says